BP Marsh Acquires 27% Stake in London-Based MGA Cameron Specialty
BP Marsh Acquires 27% Stake in London-Based MGA Cameron Specialty
Private equity firm B.P. Marsh & Partners has acquired a 27% equity stake in Cameron Specialty, a London-based managing general agent (MGA) focused on UK property insurance.

The deal includes a funding commitment of up to £1.7 million through a mix of equity investment and a loan facility, supporting the MGA’s expansion and diversification plans.

Founded in 2021, Cameron Specialty underwrites commercial combined and property owners insurance within the UK market. With B.P. Marsh’s backing, the company’s management team plans to expand operations into the Republic of Ireland and continental Europe while also developing new lines of business.

Commenting on the new partnership, Cameron Specialty CEO Tom Kirkland said, “We are excited to welcome B.P. Marsh as a partner in Cameron Specialty as we embark on the next stage of our growth journey. Their expertise in the insurance sector, combined with a proven track record of supporting entrepreneurial businesses, makes them an ideal partner for us. With B.P. Marsh’s backing, Cameron Specialty is well-positioned to deliver on its strategic objectives of expanding our footprint across the UK and European property insurance market and building a leading, specialist underwriting agency.”

Cameron Specialty Non-Executive Chairman Adrian Colosso echoed the sentiment, noting that the partnership marked a major milestone. “We are thrilled to welcome B.P. Marsh as an investor in Cameron Specialty. Their commitment brings not only capital but also a wealth of expertise and a long-standing reputation in the insurance sector. This partnership marks an exciting milestone for Cameron Specialty as we continue to grow and strengthen our position in the market.”

From B.P. Marsh’s perspective, the investment aligns with its strategy of supporting early-stage, high-potential insurance intermediaries. Dan Topping, Chief Investment Officer at B.P. Marsh, said, “We are pleased to be making this investment in Cameron Specialty, a business led by a highly experienced team. We look forward to partnering with their management team to deliver on their growth ambitions over the coming years, leveraging our expertise in helping early-stage underwriting agencies develop and scale. Cameron Specialty represents a strong addition to our diversified portfolio of insurance intermediaries and aligns well with the type of business we have successfully backed and developed over the past 30 years.”

The acquisition reflects continued investor interest in specialist MGAs with scalable platforms and niche expertise—particularly those with ambitions to expand geographically and across product lines.

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